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Assuming that you have the handle in the complete up posistion (sometimes they hang a little down) the 7/8 cable will fit right in. Maybe it's 1 1/4" cable? Never mind adjust the jaws all the way out, pull up on the handle and the 7/8 should push through.

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Okay I have a few more to post. 7/8 won't go through machine, I took apart and took pics........everything look normal??
Also show cable size (it measures 7/8...) and what jaws look like when installed. When the jaw housing is just sitting on the machine, cable goes through, when you push it down the little bit to get cap screws started, just the little that the jaws close in prevent the 7/8 cable from entering. I have the adjustmetn knob all the way to the stop.

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So my question still stands, why won't my 7/8 cable fit through the jaws? I ASSUME its not an 1 1/4 cable, see above pic with tape, and this show cable next to 5/8 cable.
my only thought is to grind some off the end of the jaws so they don't catch as quickly, which wouldn't close them down the little bit that seems to keep cable out.
The last pic is 5/8 cable through machine with jaws all the way open.

Any input would be appreciated.........would luv to get this beast out and try it.